Category: UAE Company Setup

Recovering from disaster: How smart companies handle a PR crisis

Public relations (PR) disasters come in all shapes and sizes, from annoying service suspensions to fatal acts of sabotage, with brand capital that has taken years or decades to build up evaporating in the turn of one unfavourable news cycle or social media storm. Every business will, at some time, suffer a crisis that threatens its reputation, but if handled properly, it need not threaten the survival of the business. We look at notable examples of how smart management has helped companies rescue success from the jaws of disaster.

Read More

What is the E-Channel Immigration System and how will it affect your company?

The UAE has adjusted its immigration policies and procedures over the years to cope with this increase in demand for visas and to ensure a smooth application and issuing process. The latest changes – in the form of the E-Channel immigration system – look set to make the process even easier, cutting down admin time and paperwork for both businesses and individuals.

Read More

Changes coming to the UAE: Certificate of Good Conduct, VAT, and the E-Channel Immigration System

You may have heard about some of the changes occurring in the UAE at the moment with respect to the so-called “Certificate of Good Conduct” and the E-Channel Immigration System. As always, Virtuzone aims to get this important information to you as quickly and as clearly as possible so that you can understand what impact it will be having on your current business or any business you plan to set up in the near future. To this end we have put together a short Q&A that should help you understand the basics behind these upcoming changes.

Read More

Five reasons you’re failing at business negotiation and how your body language can turn things around

Negotiation in business is an art. And like any form of communication, it’s also a delicate balance – one wrong turn and your objectives and reputation can be jeopardised and damaged. We can all recall failed negotiations and awkward interactions vividly; you may have experienced one quite recently. Frequent mistakes cost business, but first you need to ask yourself – why are you failing at business negotiations? Do you have a process in place to identify mistakes, and what methods do you use to correct them?

Read More

Entrepreneur vs solopreneur: Who will win the business race in the UAE?

With low tax requirements, simple setup solutions, established infrastructure, and a whole wealth of government support, it’s plain to see why so many choose to start a company in the UAE. Choosing the right startup style, however, is critical; you must decide whether to be an entrepreneur or a solopreneur – a manager of a business, or an individual specialist. While the two share common traits and advantages in business, the mindset of one is very different to the other. But is there really much difference between being an entrepreneur and a solopreneur? Let’s break it down and see.

Read More

9 reasons why Virtuzone is the UAE’s No 1 company setup specialist {INFOGRAPHIC}

Offering a wide range of company setup options through a diverse and multilingual staff, Virtuzone has been helping clients set up their very own UAE companies since 2009. For a multitude of reasons, we are the UAE company setup partner you need.

Read More

What is Dubai Creative Clusters Authority – and how can you set up your company there?

The UAE’s free zones are popular with entrepreneurs from every corner of the world. A quick glance at the benefits on offer and it’s not hard to see why they grab the attention – zero corporation and personal tax, 100% company ownership, 100% repatriation of capital and profits, no currency restrictions, and 100% import and export tax exemption. For businesses in the creative industries – those that use intellectual capital as their primary input –there are even more benefits on offer thanks to the Dubai Creative Clusters Authority (DCCA).

Read More

Have you got what it takes to move your business to the UAE mainland?

Many entrepreneurs establishing a business in the UAE for the first time choose the free zone option for the obvious benefits of 0% tax for the first 15 years, 100% ownership of the business, and no foreign exchange controls. And there are numerous fantastic free zones in the UAE offering plenty of opportunities for foreign businesses. However, a mainland business might just be a great next step for those entrepreneurs hoping to scale up their business fast. If that’s a move you’re considering, here’s our guide to making the successful transition from free zone to mainland.

Read More

Startups are not forever – understanding what your business is, and what it isn’t

In an enterprise hotbed like the UAE, where new businesses are launching all the time, the term startup can be misleading. Because while all startups are new businesses, not all new businesses are startups. This may seem pedantic but there are some essential differences between starting up a small business and launching a startup, and when it comes to defining your business, it helps to know what they are. Aside from the level of risk and growth potential, there are some practical differences that will affect the way you go about launching a startup as opposed to starting a small business. We look into these differences in more detail.

Read More

Setting up a company in twofour54 Free Zone

When we look at the many reasons why overseas entrepreneurs do business in the UAE, the nation’s free zones are often top of the list. Offering 0% corporate and personal tax, 100% company ownership, 100% repatriation of capital and profits, no currency restrictions, plus 100% import and export tax exemption – little else compares in terms of business benefit anywhere in the world. Abu Dhabi’s twofour54 Free Zone, for example, serves up a range of benefits specifically to companies in the publishing, media and related industries such as animation, graphic design, music production, and talent management. If you’re in the fields of media and publishing and looking to make tracks in this part of the world, here’s everything you need to know about this fast-growing free zone.

Read More